The warning comes only a day after Santander cut the rate of interest on its popular 123 current accounts
Santander said the changes were being made ‘due to the market expectation of interest rates staying lower for longer’
The timing of the Federal Reserve's next rate hike right is critical, since a mistake could hurt the economy, but can policymakers get it right?
Battling sky high interest on your plastic? Stop. Here’s how
A dramatic set of figures show UK economy will virtually grind to a halt because of decision to leave the EU
Expectation that the Bank of England would take action to prevent further shock movements in the pound has kept it trading around 31-year lows
Almost all economists now expect the BoE to cut rates by at least a quarter of a percentage point on
The Big Questions: For mortgages, for savings, for borrowing rates, for holidays and for pensions
It’s the latest in a long line of knocks to the nation’s savers, but there are still ways to stop your money being whittled away – and stashing it under the mattress isn’t one of them, explains Kate Hughes
Negative interest rates could mean in-credit banking customers are soon paying for the privilege of an account
Baroness Ros Altmann, the outgoing pensions minister, said that negative rates could be 'very dangerous'
While the impact is only showing up so far in measures of consumer and business confidence, that could ultimately spill over into key drivers of growth
The former foreign secretary has said that an emergency budget will not be necessary, however
The Bank of England would be wise to delay a decision on interest rates, but Mark Carney's indications mean there is more than an 80 per cent chance of a cut this week – not to proceed now would cause an economic shock
Economists think Mark Carney and the Monetary Policy Committee will cut rates from their current historic floor of 0.5 per cent to just 0.25 per cent tomorrow. But what will such a reduction mean for UK borrowers, savers, workers and families?
Brexit will contribute to uncertainty that will damage growth prospects, the world's largest asset manager has said